Brandon Rauscher
Seller financing questions
I have a home owner that would like to sell me a property via seller financing in IL. I'm coming across some difficulties structuring the deal specific to IL laws. Can anyone lend a hand?
Matthew Gundersen
Questions! I'm About to Make my First Offer
Good morning everyone,I am getting ready to make my first offer on a property. I have been reading articles for a long while now and toying around with numbers on my Spreadsheet about potential properties. I have fina...
Sandy Uhlmann
Does a non-performing note have to be with a servicer?
Do all non-performing notes have to be boarded with a servicer BEFORE they are worked out? The non-performing notes have some of the highest monthly fees. (usually around $30/month) For non-performing loans which ma...
Marty Summers
Purchased Duplex- Do I have tenants sign new lease?
We just purchased a duplex. I will be reaching out to tenants tomorrow. I was going through the existing lease agreement and I see that it seems appropriate that I change the new Owner name to our LLC and have the t...
Victoria Sanders
Can I get anARV Loan in CA? Really with no money down at 65% ARV?
I need an ARV loan for a property in the Los Angeles CA area. The only thing is the person selling the property is requiring loan approval/proof of funds.Is there anyone out there?Thank you!
Przemyslaw Krol
Land flipping, Making offers in direct mail.
Anybody uses the Jack Bosch method of making offer only after the initial contact? Since I am new to this and experimenting with the Land Geek method, I wonder how many potential sellers I discourage from calling me b...
Justin Berman
Condo Owner Financing Letter Input
Hello everyone, I am finally ready to make the jump into the real estate game!Some background info, I am Pediatric Dentist who finished school around August of last year. Currently I live out in the Valley of Southern...
Calvin Clark
How to choose lender for first investment property - Dallas, TX
Hello BP Community!I'm taking the dive and looking to purchase my very first investment property out of state in Dallas-Fort Worth area (I currently live in Los Angeles). So far I have some good contacts with realtors...
Craig Moore
Buying First Multi - Which strategy would you implement?
Hi BP,I have a question, I'm looking to buy my first multifamily either Q4 of this year (right around the corner) or Q1/Q2 of 2017. Here's my dilemma. I've only got about $20k saved up. I've spoken to mortgage brokers...
Jon Loca
Tax Question in regards to property Improvements
I have a rental property that I purchased in October 2015. I have been and continue to rehab it, in other words I've never tried to rent the property. My question is if I can take my improvements and maintenance costs...